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Rivian has introduced the second-generation R1T and R1S Quad, which launch later this month. Both feature four electric motors producing a combined 1,025 hp and 1,198 lb-ft of torque. The models ...
Rivian sold 51,579 units in 2024, compared to 50,122 units in 2023. The brand had to adjust its sales and production targets downward in October, due to a supplier miscommunication.
Rivian also forecast a bigger adjusted EBITDA loss this year, expecting it to be $2 billion to $2.25 billion, compared with a previous forecast of $1.7 billion to $1.9 billion.
Rivian Burned $1.1 Billion Last Quarter — and It’s Not Slowing Down Rivian posted a $1.1 billion net loss in Q2 but reaffirmed its 2025 delivery target of up to 46,000 vehicles, betting big on ...
Rivian says it's coming in 2026 and, according to CEO RJ Scaringe, it's on track and looking good. "We at Rivian couldn't be more excited about what's to come with ," he said during the company's .
Shares of Rivian Automotive (NASDAQ:RIVN) gained 2.65% over the past five trading sessions. That brings RIVN’s year-to-date loss down to 6.34%. Over the past year, the stock has lost 8.28%. In ...
Rivian is currently able to sell EVs directly to consumers in 25 states and in Washington, D.C. Ohio’s BMV did not immediately respond to a request for comment.
Rivian said it expects an adjusted loss of $2 billion to $2.25 billion this year. That forecast was deeper than one offered in May of an adjusted loss of $1.7 billion to $1.9 billion.